45% of Hungarians are already having to give up some of their basic foodstuffs and household items because of price rises. Women, pensioners and people with primary education feel the effects of inflation the most, according to a survey conducted by Pulzus Research for the business news site Napi.hu. Inflation stood at 11.7% in June […]

According to the Statistical Office of the European Union (Eurostat), Hungary is the second poorest country in the European Union. Hungarian household consumption is only 70% of the EU average – same as in Slovakia. Only Bulgaria is worse off. Eurostat notes that actual individual consumption (AIC) is a measure of material welfare of households. […]